Leveraged lenders focusing on Australia and New Zealand continue to see strong demand from financial sponsors, with the impact of global macroeconomic volatility likely to be delayed and perhaps muted.
“I am still getting inquiries for new credit exposure; people are open for business,” Andrew Ashman, head of the Asia Pacific loan syndicate at Barclays, told the AVCJ Australia & New Zealand Forum....
AVCJ’s daily bulletin will not be published on May 19 due to a public holiday in Hong Kong.
Gojek and Tokopedia, two of Indonesia’s best-funded technology start-ups, have completed a merger, forming what they claim is the largest mobile on-demand services and payments platform in Southeast Asia.
DCL Investments, one of China’s first private equity firms to focus on distressed assets, is looking to raise RMB3 billion ($466 million) for its latest renminbi-denominated fund.
Japanese microsatellite developer Axelspace has raised JPY2.6 billion ($24 million) in Series C funding from a group of domestic VCs, including Sparx Group.